4862 139th Avenue NEHam Lake, MN 55304
$3.095 million
5 bedrooms · 7 bathrooms · 7,347 finished sq ft · 2.37 acre lot
About this home
Elwell Farms is an exclusive, master planned enclave spanning 515 pristine acres and bordering the protected beauty of the Carlos Avery Wildlife Management Area. With 106 acreage homesites, this distinguished community offers privacy, serenity, and an exceptional standard of luxury living. Hanson Builders presents 15 premier homesites in Phase 1, many showcasing picturesque wooded settings and tranquil pond views. This exceptional home is set on a picturesque 2.37 acre lot. Discover unique details sprinkled through the home — including 10' main level ceilings accented by 9 wood beams that extend across the Kitchen and Great Room, a vaulted Sunroom with floating beams, while the dining room is finished with an elegant wood ceiling. The gourmet Kitchen is designed to impress, overlooking a single Dining area and complemented by a spacious Prep Kitchen equipped with a second refrigerator, double ovens, center island, and abundant storage. The upper level includes four bedroom suites, included a private owner’s suite, bonus room, and a conveniently located laundry area. The lower level provides space for recreation and relaxation, featuring an indoor sport center, a large exercise area, a wellness room with a cold plunge and sauna, a wet bar and game room, and an additional fifth bedroom. A 1,263 SQFT insulated and heated garage with floor drains and electric car charger. The whole home is wrapped in James Hardie cement board siding and Marvin windows. Life at Elwell Farms is enhanced by resort-inspired community amenities, including a pool and clubhouse, playground with picnic pavilion, pickleball courts, fishing pier, and miles of scenic walking trails. Elwell Farms offers a rare opportunity to enjoy refined luxury in a truly extraordinary natural setting.
Home facts
- Home type
- Condo
- Style
- Single Family Residence
- Year built
- 2027
- Bedrooms
- 5
- Bathrooms
- 7
- Finished sq ft
- 7,347
- Lot
- 2.37 acres
- Garage
- 4 stalls
- Basement
- Walk-Out Access, Finished, Sump Pump
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Property taxes
- $176 a year
- HOA / association fee
- $100
- Listed
- August 21, 2026
- MLS number
- 7131430
Listing courtesy of Edina Realty, Inc. (Lucas K Hanson). MLS #7131430.
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How it compares
4862 139th Avenue NE, Ham Lake, MN 55304 is a newly built 5-bedroom condo, listed for $3.095 million on August 21, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 12 condos for sale in Ham Lake right now (median $1.84445 million; $421 per square foot here against $362 for the group). That works out to $421 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Ham Lake community guideSchools, commutes, parks, home values and local stories.
- Ham Lake housing market, September 2026Homes sold for a median $549,950 over 12 months (+5.8%), 63 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
- Association fee (as listed)
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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